716 N Van Ness Avenue, Los Angeles, CA 90038 (MLS # 24385079)

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PRICE $1,550,000 dsIDX morgage calculator
BEDS 4
BATHS 4
HOME SIZE 3,932 sqft
LOT SIZE 6,731 sqft

Great Location! Four Plex in Prime location just North of Melrose. Zoned LAR3 . There are four 1 bdrm + I bthrm units in the Bldg., plus Two garages with one car parking for each unit. All units are occupied. The Bldg. is approx 6792 sq ft. Walk to stores, restaurants and shops. Tree lined St. with parking. With strong current income and future rental upside potential, this property offers significant value. All units are separately metered for gas and electricity. See DOCS for Rent Roll & Financials. Tenant occupied property shown by the agent only . Inside with accepted offer. Pls do not disturb the Tenants. Seller is selling this property in its present as-is condition and will not be making repairs or improvements. Financial information is provided by Property Owner and not guaranteed by Agent or Seller. Buyer to confirm financial information and property condition through inspections during escrow. This property is covered by City of Los Angeles Rent Control, Buyer to fully investigate. Agent Most of the 4 units have been updated. Recent upgrades include some plumbing,newer electrical in some units. it's worth noting it's location is close to west Hollywood shopping, the Grove and Holywood. Plenty of upside in current rents. The Bldg. has been managed by its owners. , Priced to sell!.

DAYS ON MARKET 13 LAST UPDATED 4/28/2024
YEAR BUILT 1928 COMMUNITY C20 - Hollywood
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Apr 28, '24 $1,350,000
Apr 28, '24 - Today $1,550,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Oven, Refrigerator, Washer
AREA C20 - Hollywood
BUYER'S BROKERAGE COMPENSATION 2.000
GARAGE Yes
HEAT Central, Forced Air
LOT 6730 sq ft
LOT DESCRIPTION Front Yard
PARKING Garage
POOL DESCRIPTION None
STORIES 2
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : Richard M Chernock CalDRE: N, KW Advisors

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